BENZ ANNOUNCES UPDATE ON PROXY MATERIALS FOR UPCOMING SHAREHOLDER MEETING AND FILES NI 43-101 TECHNICAL REPORT ON GLENBURGH - MT EGERTON GOLD PROJECT

Benz Mining Corp. has sent for mailing to its shareholders of record as at Nov. 12, 2024, the notice of meeting and information circular of the company dated Nov. 15, 2024, and the related forms of proxy in respect of the annual general and special meeting to be held on Tuesday, Dec. 17, 2024, at 10 a.m. Perth, Western Australia, time. In light of the Canada Post labour strike, the mailing or delivery of the meeting materials to the shareholders may be delayed. The meeting materials can be accessed on-line under the company's profile on SEDAR+ and on the company's website. Shareholders can also request copies of the meeting materials and may obtain copies of the company's financial statements and related management discussion and analysis by contacting the company at info@benzmining.com or by telephone at 61-8-6143-6702.

As a result of the Canada Post labour strike, Benz is encouraging shareholders to access the meeting materials electronically as noted above. Benz also strongly encourages shareholders to vote in advance of the meeting by completing the form of proxy or appointing an alternative proxyholder to attend the meeting in person. Please note that the form of proxy found on SEDAR+ is not personalized and each registered shareholder must ensure his or her name and address are added before submission and that the proxy is duly signed and dated.

The meeting materials are being distributed in connection with, among other annual general business matters, the approval of an ordinary resolution authorizing and approving the transaction, whereby Benz will acquire the Glenburgh/Mount Egerton gold project, located in Western Australia, from Spartan Resources Ltd. The acquisition was previously announced by the company in its news release dated Nov. 5, 2024, and is described in detail in the information circular. The acquisition remains subject to final approval of the TSX Venture Exchange.

National Instrument 43-101 technical report for Glenburgh/Mount Egerton gold project

As part of the acquisition, the company announces that Benz has filed a technical report titled "NI 43-101 Technical Report on the Glenburgh/Mount Egerton Gold Project, Western Australia," dated Nov. 18, 2024, prepared by Dr. Marat Abzalov, an independent consultant for Massa Geoservices, in accordance with NI 43-101, Standards of Disclosure for Mineral Projects. This technical report can be accessed on-line under the company's profile on SEDAR+.

About Benz Mining Corp.

Benz Mining is an exploration company dual listed on the TSX Venture Exchange and Australian Securities Exchange. The company owns the Eastmain gold project in Quebec, with an NI 43-101 and JORC (Joint Ore Reserves Committee) (2012) compliant mineral resource of 1,005,000 ounces at 6.1 grams per tonne gold, showcasing Benz's focus on high-grade, high-margin assets in premier mining jurisdictions.

Benz's key point of difference lies in its team's deep geological expertise and the use of advanced geological techniques, particularly in high-metamorphic terrane exploration. The company aims to rapidly grow its global resource base and solidify its position as a leading gold explorer across two of the world's most prolific gold regions.

Competent person statement (JORC Code)

The mineral resource estimates for the Eastmain gold project and the Glenburgh/Mount Egerton gold project were previously reported in accordance with Listing Rule 5.8 on May 24, 2023, and Nov. 5, 2024, respectively. The company confirms that it is not aware of any new information or data that materially affect the information included in the original market announcements and confirms that all material assumptions and technical parameters underpinning the mineral resource estimates continue to apply and have not materially changed. The company confirms that the form and context in which the competent person's findings are presented have not been materially modified from the original market announcements.

We seek Safe Harbor.